Younium, a software technology company headquartered in Sweden, has picked Philadelphia for the headquarters of its U.S. operations.

The company’s software helps manage various aspects of subscription-based businesses like invoices and billing, financial reporting and data insights. Younium currently has some 50 employees located across the globe, and expects its Philadelphia office to have a staff of five to start. The office is located in Cira Centre at 2929 Arch St.

Founded in 2017, CEO Niclas Lilja said the company has been growing quickly, to the tune of about 100% annualized revenue growth including a 150% increase last year. Now, Lilja sees Philadelphia as a part of its growth story moving forward.

*Article courtesy of Philadelphia Business Journal

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